Chris Burch Builds Up a Beach Resort in the Indonesian Island of Sumba
After investing in several international brands such as Tory Burch and C. Wonder, Chris Burch is shifting his entrepreneurial focus to a new industry, hospitality. In 2012, Chris Burch teamed up with his hotelier James McBride to acquire a resort on the Indonesian island of Sumba. They spent $ 30 million on renovation before reopening it as a five star hotel. In 2016, Travel + Leisure voted Chris Burch’s beach resort as the world’s best hotel in 2016. More to read on businessinsider.com
In an interview with Business Jet Traveler, Chris Burch, said that he bought the prestigious beach resort for his children and as a piece an asset they would preserve and give back to society. Setting up a hotel in a place where the palette is so beautiful allows you to set up a structure you can’t find anywhere else. You can build a spa under a waterfall, build a butler in every room, and go to places where others haven’t gone. Check an interview of him here.
Over time, Niwihatu has turned into more than what Chris Burch expected. Chris Burch splits his time between Niwihatu, his resort in Indonesian island of Sumba, Miami, and the Hamptons. Niwihatu has 27 private villas, a main house, and four additional villas where each has a private plunge pool. Read related article on wingsjournal.com.
About Chris Burch
Chris Burch, a renowned investor in a variety of businesses is the Founder and Chief Executive Officer of Burch Creative Capital. Besides, he is the co-founded of the luxury fashion brand, Tory Burch. Mr. Burch attributes his success to the power of branding and applies his ability to navigate market trends to run his ventures ranging from financial services, technology, consumer products, hospitality, to apparel.
Burch Creative Capital’s investment philosophy expresses Mr. Burch’s vision and entrepreneurial values for applying imagination and creativity when developing brands that have a direct, positive impact on consumers’ lives. For over 40 years of experience as an entrepreneur and investor, Chris Burch has been instrumental in developing over 50 companies. Mr. Burch combines his intuitive understanding of consumer behaviour and direct sourcing experience to build a long track record of connecting innovation to impact. His most recent brand portfolio includes Niwihatu, Ed by Ellen DeGeneres, TRADEMARK, Cocoon9, and Poppin. Burch Creative Capitals initiates the development of several consumer brands ranging from organic food, apparel, home furnishing, and technology. Some of its brands include Brad’s Raw Foods, BuableBar, Blink Health, Soludos, Cubbies, and Little Duck Organics. For update on his recent timeline activities, hop over to crunchbase.com.
Additional article worth reading on http://www.architecturaldigest.com/story/christopher-maya-j-christopher-burch-hamptons-house-article